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American International Group, Inc. $AIG Shares Acquired by Mitsubishi UFJ Asset Management Co. Ltd.
Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in American International Group (AIG) by 4.6% in the fourth quarter, acquiring an additional 50,775 shares, bringing their total ownership to 1,156,343 shares valued at $97.445 million. Other institutional investors also adjusted their positions in AIG. The company’s stock currently holds an average “Hold” rating from analysts with an average price target of $87.94, and recently announced an increase in its quarterly dividend to $0.50 per share.